The Intersection of Sustainable Finance and Health in Panama: a Path to Inclusive Well-being
By Nathalie Ríos Durán
The state of healthcare in Panama
Panama faces significant challenges in its healthcare system. Many healthcare facilities are under-resourced, leading to inadequate medical supplies, limited access to advanced medical technologies, and prolonged waiting times for patients. We have many inefficiencies, and the healthcare infrastructure often struggles to meet the needs of the population. This situation impacts the quality of life and hinders sustainable development.
Sustainable finance: a catalyst for health improvement
Sustainable finance is a fundamental tool in addressing these healthcare challenges. By channeling financial resources into health initiatives, we can create a robust system that not only treats illnesses but also fosters environments where people can thrive. This approach aligns with the United Nations Sustainable Development Goals (SDGs), particularly SDG 3 (Good Health and Well-being), which emphasizes the importance of ensuring healthy lives and promoting well-being for all ages.
Health is a cornerstone of sustainable development. Without a healthy population, achieving other SDGs becomes more challenging. Sustainable finance can support the development of health infrastructure, fund preventive health programs, and promote innovation in medical technologies. These initiatives can lead to reduced healthcare costs and enhanced economic productivity.
My vision as FinMango's first panamanian Ambassador
As an environmental biologist embarking on a new journey in the finance sector, I have witnessed the power of combining financial strategies with environmental and social goals. One of the key initiatives is to promote the integration of health finance into sustainable development agendas in Panama. By leveraging FinMango’s resources and network, we can create financial solutions that drive meaningful change in Panama's healthcare system.
A call to action
The journey towards sustainable development is challenging but also full of opportunities. I invite everyone to join this mission. Whether by supporting sustainable finance initiatives, advocating for better health policies, or educating the next generation, we all have a role to play in creating a healthier and more sustainable future.
A vision for the future
Sustainable finance is not just about investing in green projects; it is about investing in people and their well-being. By integrating health into the framework of sustainable finance, we can address the root causes of health inequities and create a foundation for long-term development.
Panama stands at a crossroads, with the potential to become a leader in sustainable development. By embracing sustainable finance and focusing closely on health, we can pave the way for a brighter, healthier, and more equitable future. Let’s seize this opportunity and work together to create a Panama where everyone can thrive.
2024 FinMango Ambassador
Learn more about Nathalie: https://www.finmango.org/2024-ambassadors/nathalie-rios